Hollard Insurance Group
Hollard Insurance Group is the largest private insurance group based in Johannesburg, South Africa. It comprises Hollard Insurance Company and Hollard Life Insurance Company.
The company was founded in 1980 by Robert Enthoven. The Enthoven family is, therefore, the majority holder of Hollard's shares locally through The Enthoven Family Trust (EFT) and internationally through Capricorn Ventures International (CVI). The company was originally known for its growth of selling prepaid insurance as a starter pack that resembled a cell phone service through retailers.
Hollard is known as the largest independent and private insurance company in South Africa with operations and investments in multiple countries, including Namibia, Mozambique, Botswana, Pakistan, India, China, Australia, and the United Kingdom. In 2015, Hollard Investments made a $6 million investment in OpenAgent and a $6 million investment in Huddle Insurance in 2016.
Hollard operates under two major insurance licenses, including life insurance, short-term insurance, as well as investment products, to a wide range of customers, including individual consumers, commercial institutions, and corporate clients.
Early 2014 saw the launch of Hollard Broker Markets, a business division of Hollard focused on business insurance sourced through brokers. The division was formed when Hollard agreed to acquire Etana Insurance Company, one of the fastest-growing commercial insurance companies in South Africa, and merge it with existing businesses. This acquisition strengthens Hollard's ability to offer a comprehensive range of commercial and corporate insurance products in a broker-driven market.
During the annual awards ceremony of the Financial Intermediaries Association of South Africa (FIA), Hollard Insurance received the Commercial and Corporate Insurer of the Year 2015 award.
Founded:1980
Headquarters: Johannesburg, South Africa
Website: https://www.hollard.co.za/